Impact of Brokerage Rating on Antero Resources Corporation(AR)

Many Antero Resources Corporation(AR) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Antero Resources Corp was Upgraded by Piper Jaffray to Overweight on Jan 13, 2017. Antero Resources Corp was Upgraded by Raymond James to Strong Buy on Jan 3, 2017. Antero Resources Corp was Downgraded by Seaport Global Securities to Accumulate on Dec 9, 2016. Company shares were Upgraded by Deutsche Bank on Nov 21, 2016 to Buy, Raises Price Target to $ 30 from a previous price target of $27 .

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, K. Phil Yoo (officer ) sold 2,000 shares at 25.00 per share price.On Dec 9, 2016, Alvyn A. Schopp (officer ) sold 40,000 shares at 26.70 per share price.On Nov 9, 2016, W Howard Jr Keenan (director) sold 260,000 shares at 24.74 per share price.

Antero Resources Corp Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.12. The company had revenue of $1443.30 million for the quarter, compared to analysts expectations of $689.22 million. The companys revenue was up 29.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS.

Antero Resources Corporation (NYSE:AR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.67 by 18 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold.

Antero Resources Corporation (NYSE:AR): 16 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $33.94 in Antero Resources Corporation (NYSE:AR). However, the stock price could fluctuate by $ 3.7 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $41 price target with the lower price estimate is calculated at $28

Antero Resources Corporation (NYSE:AR) rose 2.57% or 0.64 points on Tuesday and made its way into the gainers of the day. After trading began at $24.93 the stock was seen hitting $25.58 as a peak level and $24.685 as the lowest level. The stock ended up at $25.56. The daily volume was measured at 2,591,573 shares. The 52-week high of the share price is $30.66 and the 52-week low is $21.45. The company has a market cap of $8,024 million.

Antero Resources Corporation is an independent oil and natural gas company. It is primarily engaged in the exploitation, development and acquisition of unconventional oil and liquids-rich natural gas properties primarily located in the Appalachian Basin in West Virginia, Ohio and Pennsylvania. Antero Resources Corporation is headquartered in Denver, Colorado.


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